Jojo,
Agree about a takeover target. Although imo management are sound, and certainly looking after shareholders, I see nothing special in there skill to extract value from the tenements. Arguably a BHP, with abundant capital could unlock value faster. [I dismiss takeover of IGO, MCR etc because the deposits are not of the calibre BHP seeks, and their respective managements are the key to their ongoing successes].
Harminos is one of the few that understand the uniqueness of Cosmos, and the potential of the full tenement package. He will not imho be recommending a takeover under $30, and I suspect much higher as he will see value that he has not been able to communicate to us. There will be quite a few loyalists, hence the inablity to get to 90% for less than a royal ransom may deter some bidders.
Very happy just to sit on this one and watch it grow incrementally, whilst banking a great divi stream.
EL
- Forums
- ASX - By Stock
- JBM
- norilsk or bhp thats the question
JBM
jubilee mines nl
norilsk or bhp thats the question, page-2
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Currently unlisted public company.
The Watchlist
P.HOTC
HotCopper
Frazer Bourchier, Director, President and CEO
Frazer Bourchier
Director, President and CEO
SPONSORED BY The Market Online